SBI Mutual Fund has disclosed a substantial acquisition in urban company Limited, acquiring 6,05,09,550 shares through market purchase on March 17, 2026. The acquisition triggered mandatory disclosure requirements under SEBI regulations as the mutual fund's total holding crossed the 5% threshold.

Acquisition Details

The disclosure, filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reveals that SBI Mutual Fund's various schemes collectively acquired 4.1383% additional stake in Urban Company. This acquisition brought the total holding to 9,57,11,973 shares, representing 6.5458% of the company's paid-up share capital.

Holdings Comparison

The substantial acquisition significantly increased SBI Mutual Fund's stake in Urban Company from its previous position:

Company Structure

Urban Company Limited maintains an equity share capital of Rs. 1,46,21,80,603, consisting of 1,46,21,80,603 equity shares with a face value of Rs. 1 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

The disclosure was made by Vinaya Datar, Chief Compliance Officer & Company Secretary of SBI Funds Management Limited, in compliance with SEBI takeover regulations. The filing was submitted to both stock exchanges where Urban Company shares are traded, ensuring transparency in substantial shareholding changes.

SBI Mutual Fund operates under SBI Funds Management Limited, with SBI Mutual Fund Trustee Company Private Limited serving as the trustee. The acquisition represents a strategic investment decision across the mutual fund's various schemes, demonstrating institutional confidence in Urban Company's business prospects.

Urban Company Limited has announced an updated schedule of analyst and investor meetings for March 2026, as disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The latest announcement was made through official communications to the National Stock Exchange of India Limited and BSE Limited on March 18, 2026.

Comprehensive Meeting Schedule

The company has outlined a detailed itinerary spanning multiple dates across various locations and formats throughout March 2026:

Latest Meeting Additions

The updated schedule includes new virtual meetings with Monarch Networth Capital Limited on March 24, 2026, and Equentis Wealth Advisory Services Limited on March 25, 2026. These additions expand the company's investor engagement activities beyond the previously announced meetings.

Schedule Changes and Cancellations

Urban Company has informed that the 2nd on Road Consumer Tour 2026 organized by CLSA India, which was earlier scheduled for March 19, 2026, and intimated via letter dated March 11, 2026, has been cancelled. This demonstrates the dynamic nature of investor meeting schedules and the company's commitment to keeping stakeholders informed of any changes.

International and Domestic Engagement Strategy

The comprehensive schedule includes international Non-Deal Roadshows in Edinburgh and London, featuring both group presentations and individual investor meetings. Following the international segment, Urban Company conducts targeted meetings with specific institutional investors through both in-person and virtual formats, demonstrating a hybrid approach to investor relations.

Regulatory Compliance Framework

The company has emphasized its commitment to regulatory compliance by stating that no unpublished price sensitive information will be shared during these meetings. Urban Company maintains transparency by hosting all meeting details on its investor relations website at investorrelations.urbancompany.com. The company also noted that meeting schedules may undergo changes based on requirements from analysts, investors, or the company itself, providing necessary flexibility for optimal engagement outcomes.